Bangladesh
Bangladesh
PM in New Delhi to attend Modi’s oath-taking ceremony
Staff Correspondent: Prime Minister Sheikh Hasina on Saturday set foot in New Delhi for the swearing-in ceremony of Indian Prime Minister Narendra Modi and Council of Ministers.As the first “distinguished” guest, PM Hasina was warmly received by India as she arrived in New Delhi.“This visit of one of our most…
Read More »10 police officers ‘fed’ ex-IG Benazir corrupt ways allege
Staff Correspondent: A core ‘team’ of eight to ten trusted subordinate police officers worked to extract hundreds of crores of money for Benazir Ahmed when he helmed the Bangladesh Police and the dreaded Rapid Action Battalion (RAB), inquiries have revealed.Details of Ahmed’s corruption and the extent of the “rot” within…
Read More »Legalizing black money conflicts with anti-graft policy of AL government
Staff Correspondent: The policy of ‘zero tolerance against corruption’ is one of the 14 priorities in the proposed budget for the financial year 2024-25. At the same time, the opportunity to whiten black money has been kept in the budget. Various organizations including TIB, CPD, political figures and economic analysts…
Read More »BPC earns Tk 55,404 cr net profit in 10 years
Selling oil most profitable business in country Mahfuja Mukul: The international market is downward, but the price of fuel oil is not reduced in the country. However, if the global market increases, the price in the country will increase. This is how Bangladesh Petroleum Corporation (BPC) is cutting the pockets…
Read More »Budget proposes 30 pctax on legal income
But black money to be whiten by 15pc tax Mahfuz Emran: The government has announced the budget for the fiscal year 2024-25 yesterday with the opportunity to whiten the undisclosed or illegally earned black money. The government will have to pay only 15 percent tax to make black money white…
Read More »Nation awaits Tk 7.97 tr budget
Big changes to be increased VAT-tax Enayet Karim: Order has not yet returned to the commodity market. The price of fish, meat, spices or rice and pulses is not affordable. Bangladesh Bureau of Statistics (BBS)’s latest updated estimates say that food price inflation in May was 10.76 percent, which was…
Read More »No duty increase on imports of food items
Mahfuz Emran: In the next budget, the duty on the import of staple food items including rice and wheat will not increase. The import duty on the main inputs of the agricultural sector such as fertilizers, seeds and pesticides will also remain unchanged. Apart from this, conditions for import of…
Read More »Modi celebrates victory in India vote, but falls short of majority
Industry Desk: Prime Minister Narendra Modi’s political alliance won India’s weeks-long general election on Tuesday, but the opposition said voters had sent a clear message after his Hindu nationalist party lost its parliamentary majority for the first time in a decade.Commentators and exit polls had projected an overwhelming victory for…
Read More »Govt wants to borrow Tk 62,000 crore from banking net in June
Syed Nasir Hossain: June is the last month of fiscal year. In this month, the government has to pay a large part of the development expenditure bill. But the government does not have enough money. So, a huge amount of money has to be borrowed from the bank. Only this…
Read More »Special opportunity to whiten black money
Paying only 15pc tax Zarif Mahmud: The government is going to give a special opportunity to whiten black money in the next financial year 2024-25. Notwithstanding the existing laws of the country, no authority can raise any question if a taxpayer pays fixed tax rates for immovable properties like flats…
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Hotels to be converted for Covid hospitals
Hospitals overwhelmed Staff Correspondent: The government is going to rent hotels for providing treatment …
